Stakers who stake on the StaFi Protocol receive an equal amount of the POS tokens in reward-Token (rToken), StaFi rewards token.

Injective Protocol plans on working towards introducing StaFi’s staking derivatives into their DEX, this would allow staked assets to be liquid. This collaboration helps them expand more in the integration of polkadot, which would allow assets built on polkadot to be traded on Injective easily.

They plan to list and create new markets using StaFi’s native token dubbed FIS tokens which is built on Substrate. By doing this, holders and investors of StaFi can create and trade on new derivatives markets that utilize FIS.

“We are excited to be partnering with Injective and listing our native token FIS on their DEX. This collaboration will bring on a new wave of synergies for both Injective and StaFi as we will be able to grow and scale with each other. We are looking forward to exploring new opportunities with respect to staking, and the DeFi industry.”

This collaboration will help StaFi expand it’s staking pools and get more people to farm FIS tokens in the future, StaFi is sure to increase it’s adoption speed and reach quite soon.

“We are thrilled to be part of Stafi’s journey, especially as it helps us to deepen our collaboration with Substrate. This partnership will enhance not only Injective’s mission of truly decentralized cross-chain trading but also the flexibility and interoperability of DeFi as a whole.” -Eric Chen, CEO of Injective Protocol.

Injective Protocol

Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing.

https://t.me/joininjective

https://www.twitter.com/@InjectiveLabs

StaFi

StaFi is the first DeFi protocol unlocking liquidity of staked assets. Users can stake PoS tokens through StaFi and receive rTokens in return, which are available for trading, while still earning staking rewards. FIS is the native token on StaFi Chain. FIS is required to provide security to the network by staking, pay for transaction fees on the StaFi chain, and mint & redeem rTokens.

https://t.me/stafi_protocol

The Mainnet launch will allow the system to incentivize underwriters with part of the premiums paid from policy buyers that are connected to the product one has decided to obtain exposure to i.e. staking NSURE tokens in exchange for a share of future earnings sourced from premiums, they are either paid in ETH or stable coins.

Underwriter insurance plays a very important role in the NSURE ecosystem, this is seen in the NSURE whitepaper and many different media outreaches.

The platform has decided to start providing a real time stimulation of risk exposure as an underwriter even before the Mainnet launch. Participants will be able to earn premiums in real time, based on their performance and capabilities of building up a strategy as risk takers. Part of the stimulation aspect would be educating their community and users to familiarize themselves with concepts that retail insurance clients had no access to until now, they plan to pay out NSURE tokens as a means of incentivizing them.

The program will enable users to become exposed to the movement of capital demand and supply as these movements impact the equilibrium price of the stimulation. After this education is given, users are expected to obtain knowledge and get familiar with the Dynamic Pricing Model, and to develop a better strategy of underwriting, competing against other participants for more rewards.

THE REWARD SYSTEM

Only 5,760 tokens will be generated daily and each Ethereum blockchain produced, 1 NSURE token will be distributed proportionally to all tokens staked.

The average annual yield at a 10% staked / circulating supply (5.7m Nsure) ratio is about 371% APY.

Here is a GitHub guide on how to use the Underwriter Program https://docs.nsure.network/nsure-network/nsure-underwriter-program/guidelines

https://nsure.network/#/

The Ethereums deposited to this contract addresses are important as the launching of Ethereum 2.0 phase 0 depends on them to kick off. The deposit requires 524,288 ETH to be deposited in batches of 32 ETH, all tokens stated must be deposited 7 days prior to the date estimated to be the launch date for it to kick off which in this case is the 1st of December.

The ETH2 Deposit Contract currently has 50,332 Ethereum deposited, leaving it with 473,956 more ETH needed.

 “As stakers get their coins out of cold storage, get comfortable with the tools and confident that the tools work and they’re not accidentally throwing their coins away, etc.” Vitalik said.

Vitalik said that he is also expecting investors to participate later on, probably even on the last day.

“If you look at the ether sale in 2015 for example, there was a significant (but disappointing) level of participation on day 1, then very little on days 2-12, and then on day 13 and especially 14 (the last day with a full discount) there was a huge spike that ended up being something like half of all ether that ended up going into the sale. So it’s very possible that here too we’ll see a quiet period and then lots of participation in the last week of November. But this is me just speculating, we’ll see!”

One of the factors that could be affecting the turn up of participants for depositing into the ETH2 Deposit contract address could also be the fact that the crypto market has been performing so well and people would rather trade or hold on their investments and watch them grow.

The ETH 2.0 phase 0 will not have a direct effect on the existing Ethereum blockchain network, a release of phase 1 and 2 will help switch Ethereum from a Proof-Of-Work (POW) mechanism to Proof- Of- State (POS) consensus with more security, scalability and of course use cases.

Developers had launched Medalla back in August. Mallela is a test net that served as a multi-clients dress rehearsal for the operation of ETH 2’s phase phase 0 launch.

“Ethereum 2.0 is one track to deliver phase O in the very near future, said Richard Ma, CEO of Quants Stamp in a prepared statement.

Ethereum 2.0 is a network upgrade for the Ethereum network, it has been planned for a long time now, the upgrade is aimed at addressing love challenges the current network is facing like Scalability, speed and security. Eth 2.0 will also enable the Ethereum network to switch from a Proof Of Work (Pow) consensus to a Proof Of Stake (POS) consensus mechanism. The full roll out of Eth 2.0 will take 3 phases : Phase 0,1 and 2.

Phase 0 is being worked on and hopefully to be launched before the year ends. Justin Drake, a researcher on Ethereum 2.0 tweeted in July saying “the community wants phase 0 genesis in 2020- not a day late. The goal is set, lets ship”

The Teku, a part of the Ethereum 2.0 phase 0 was audited by Quantstamp in respect to launching within the year.

“Client teams have spent countless hours coordinating, testing, and working with auditing firms to ensure that the foundation of Ethereum 2.0 is ready for delivery,” Ma said.

The audit involved in maintaining the codes and controls that are needed for rewards and penalties, enforcing consensus rules etc.

The auditing company made sure to report issues back to the Teku development team, who quickly made sure to resolve them.

Along with Teku, the Beacon chain will be released in phase 0 and was already tested using the Zinken and Spadina Testnets. Once launched, focus will be shifted to phase 1 of the Ethereum 2.0 which will involve the integration of Proof-Of-Stake (POS) shared chain which help boost Eth’s Transaction Per Second (TPS).

The DEX known as SparkSwap will allow instant conversions of multiple Cryptocurrencies in a trustless and decentralized manner, it will allow users who provide liquidity to earn from the trading fees generated.

Multi-Staking would allow participation in the liquidity staking pools to earn both SRK, their official erc-20 tokens and SFuel, the DeFi Ecosystem Token.

P2P Lending and Borrowing will allow investors  to use all coins and NFT’s to borrow funds as collateral. They can also use Crypto Collectibles such as Game items, Virtual estate and Digital artworks as collaterals for borrowing from their protocol.

You can get more info from their official medium article.

SPARK-DEFI ROAD MAP

Along with the launch of the website, the SparkPoint team also released their official road map for the Spark DeFi.

SFUEL TOKEN

SFuel is a SparkPoints SparkDefi governance token that comes with a total supply of 150,000,000. It will be launched on the Binance Smart Chain (BSC)  as a BEP20 token in Q4 of 2020. Team has delegated 20% of total tokens for sale through an Initial DEX Offering (IDO). The sale will be conducted as a private sale for early adopters first targeted Crowd Funding is $950,000. The private sale would be conducted at a price range of $0.03 and 0.06 respectively while the IDO would be at $0.15.

SRK holders will be given priority in the private sale and are entitled to a quarterly airdrop distribution beginning this Q4 2020.

This new feature will allow Binance tokens users to simply stake their tokens and in exchange, earn an interest which Will be calculated and paid out daily. The interest starts to accrue at 0.00 AM (UTC) on the 2nd day after one has staked their BNB. Users will get their income payments starting on the 3rd day of staking.

Funds staked can be tracked through their tokens via the platforms vault page>my share. Staked BNB tokens will allow the users to earn such incentives as VIP rights, launch paid holding position, airdrops, and daily BNB balance calculation. BNB tokens staked can also be unstaked at any time they want from the vault.

“BNB Vault Is a Capital-Guaranteed Investment Product With Flexible Access. It Integrates Various Binance Products to Maximize the Income Potential of Your BNB From Both Centralized and Decentralized Finance in Just One Click.”

This development will boast Binance token ecosystem,  even boosting the user case of BNB and this too is in line with the exchanges effort to integrate Defi projects through the recently launched Binance Smart Chain (BSC). The smart chain hosts multiple yield farming projects which includes the likes of pancakes and burger swap.

Staking opportunity is now open to individuals who plan on staking, they can now deposit their 32 Ether to the contract through the dedicated launch while getting reading for the official launch. For the launch to occur, the contract must collect16 384 deposits of 32 ETH, that is a total of 524,288 ETH which is $238,551,040 as of the time of writing. All required funds must be collected 7 days prior to the actual launching date, if it is not, then the launch will be delayed to 7 days after the threshold is reached.

The Ethereum community has long awaited this release and have also signaled their interest in supporting the protocol growth and launching in time too without delay. The launch of phase 2 of the Ethereum 2.0 will not directly affect the existing challenges faced by the current Ethereum blockchain. Once the phase 1 and 2, these phases are more likely to occur in the next few years. The launch of the phases of the Ethereum 2.0 would then clearly rinse the provisions blockchain of all its challenges and allow the community to experience the new staking based consensus.

Ethereum /Cryptocurrency price Action

The whole crypto market has been experiencing lots of good movements in profits. The rise in both prices OT Ethereum and Bitcoin has got investors asking if really the bull market has tricked off already. The announcement of PayPal allowing crypto purchase and even having to later extend the limits is one of the signs why this is pumping so well. The Ethereum 2.0 phase 0 launch too is a contributing factor to almost shooting 6th to $500 per Eth in the market. Eth currently sits at $462 according to the world’s best cryptocurrency exchange, Binance.

Dvision Network will be powering the TomoChains tokens in mata verse, by enabling the TomoChain assets to be applied in the payment system. Through the collaboration, Dvision Network will provide TomoChain with unique advertisement campaign opportunities.

“Dvision Network is cordially embracing its new strategic partner with who we are looking forward to further explore the opportunity of getting listed on TomoDEX in the future, and we will be happy to adopt the TomoChain tokens as a form of payment in our metaverse. We are committed to strive forward in order to accelerate the adoption of the distributed ledger across different industries, and thus we tend to believe, that by implementing meaningful technical and business integrations with our partners, we will trigger the faster growth of the VR/Blockchain convergence, thereby revitalizing our unique metaverse.” Jung Hyun Eom, CEO of Dvision Network said.

TomoChain on the other hand will help or list Dvision Network on it’s Dex platform called TomoDEX in the future. The TomoDEX  is the only decentralized exchange powered by the TomoX protocol. Tomo will be integrated as a form of payment on its upcoming platform, token can be used to purchase virtual items, spaces and advertisement placements across all three important platforms, which includes VR-Market(NFT Marketplace), VR-Space (Tailored Virtual space), VR-city (Collections of VR-spaces)

 “Dvision has rightly identified that provable ownership and utilization of scarce digital assets through blockchain is a wide-open market waiting for disruption. Partnering with Dvision, we’re excited that $TOMO will be one of the first tokens to be integrated into their upcoming virtual marketplace as a form of payment. As the Dvision platform evolves we’re looking forward to supporting deeper integrations of both fungible and non-fungible assets to drive towards a decentralized-driven digital economy.” Kyn Chaturvedi, CBDO of TomoChain said.

Dvision Network is a new VR content ecosystem via blockchain technology. They provide the best user experience by utilizing the advantageous features present by Blockchain And VR Technologies .

TomoChain is a scalable blockchain powered through the advanced proof -of -stake (POS) voting consensus and used commercially by different bodies globally. They are partnered with SAP, Microsoft, and famous blockchain companies, projects such as NEO, ChainLink (LINK), Band Protocols, SERUM, Terra and many more.

Darma capital is one of the several companies planning to offer intermediated staking that would let stakers have access to their capital through it’s LiquidStake initiative. This solution will allow both retail and institutional stakers to delegate their capital and to still maintain the control via using their funds as collateral to receive USD coin (USDC) loans.

“With LiquidStake you can have your stake and eat it too,” added Andrew Keys, co-founder of Darma Capital. “And in that regard, [stakers] probably are looking for fiat to maintain their life expenses. So that’s the problem we’re trying to solve.”

LiquidStake’s solution is exceptional to other staking derivative proposals since they do not plan on creating new tokens to represent the bonded Ether (ETH).

“The time window for Phase 1.5 — we can all flip a coin on this — is 18 months, 36 months, somewhere in that realm. So it’s a relatively short time frame with an end date. And so when you start to tokenize assets where you only have a short [life span], the difficulty there becomes what kind of liquidity would be there for that type of token.”

To achieve its aim, LiquidStake is partnering with other staking providers such as Bison Trails, ConsenSys CodeFi and Figment to handle the actual validation process. Open law and Lukka will help with the legal and Tax management proceedings. The company also works through the familiar mechanism of margin calls and liquidation.

Prospective stakers would have to stake through LiquidStake to become eligible for all those benefits attached to the system which includes the lending service.

The Defi app to be built on the Binance Chain is called “SwipeFi” and will enable Binance Chain tokens to earn interest on the supply of collateral and also to borrow when they want against their collateral on the Binance chain.

Users who choose to stake will earn 12% APY (Annual Percentage Yield) for their staked SXP within the network. Swipe also plans on allowing staked SXP to earn from the Processing Fees it charges sometime in the future. Users can access the testnet :  https://testnet.swipe.org while waiting on the main staking Network to launch which has been set up to be in 2 weeks time, according to a medium article by Swipe Network.

They plan on partnering with more exchanges which will allow their exchange customers to stake on their network, thereby promoting the amount of usage Swipe Network will have. Users are allowed to grab a few testnet-SXP and then use them on the testnet network staking on the Decentralized Fiance (Defi) Application.